View source for Market if touched

{{Financial markets}}
{{Update|date=April 2024}}

In financial markets, '''market if touched''' or '''MIT''' is a type of [[order (exchange)|order]] that will be executed when the price is touched (when a predetermined value has been reached and the futures contract will trade or bid at the price).<ref>{{cite encyclopedia |last=Carew |first=Edna |encyclopedia=The language of money |publisher=[[Allen & Unwin]] |location=London |year=1985 |pages=210–211 |isbn=0-86861-439-4 |oclc=12938967 |title=Market-if-touched order |url=http://www.anz.com/edna/dictionary.asp?action=content&content=market-if-touched_order |accessdate=2008-08-15}}</ref><ref>{{Cite web|title=Market-if-touched (MIT) Definition - Nasdaq|url=https://www.nasdaq.com/glossary/m/market-if-touched}}</ref>

This type of order triggers a market order only when the security reaches a specified sell price.<ref>{{Cite web |title=Market-If-Touched (MIT) Order: Meaning, Overview, Example |url=https://www.investopedia.com/terms/m/marketiftouched.asp |access-date=2023-07-25 |website=Investopedia |language=en}}</ref> Stock buyers can place an MIT order to buy or to sell.

==See also==
* [[Correlation trading]]
* [[Limit order]]

==References==
{{reflist}}

==External links==
*[https://bitcoin360.bot/ Trading Resources]

[[Category:Financial markets]]
[[Category:Share trading]]


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